I am definitely open to the idea of keeping my future investments long-term and abandoning the apartment idea if they are lucrative enough.

Fact: Property owners will get through the ordinance and Toledo’s Catch-22 properties will either end up being sold, renovated, and rejuvenated, or become vacant, abandoned, and demolished.

Because of the inspections there are a lot of abandoned homes which creates an opportunity for some investors.

Although, at that point, we are talking some awesome conspiracy - I’d be impressed at the level of such cover-up.)About appreciation: A quick look on Wikipedia shows continued trend downward in that specific city’s population - not conducive to appreciation unless the local government demolishes/condemns abandoned properties as they become vacant.

Also, I don’t think other countries will abandon the dollar or us bonds.  

Last time I was heavily involved here in that discussion, almost everyone had abandoned Lonnie’s model.

I drove to Birmingham today and I saw a lot of vacant and abandoned houses in the east lake area.

Boards on windows to property right and left=FEverything in a two block radius looks rented or owned, but three blocks over a few houses have boarded up windows or look abandoned=DMost everything looks occupied in a 4 or 5 block radius and you see several work trucks in the driveway or evidence blue collar folks live in many of the houses=CI don‘t buy A or B properties, so I can‘t help there.

Other issues i see are: termite damage, no footings on foundations, crumbling mortar in brick, underground oil tanks, abandoned cesspools, settling, unexpected finds behind walls, knob and tub, galvanized water pipes, lead water mains, orangeburg sewers. 

Almost everyone agrees with his first 3 steps which is where it sounds like you abandoned his philosophy just like the rest of us.